Sunday, November 1, 2015

Freedom Check - October 2015

At the end/beginning of every month, I will update the status of my freedom fund as a way to stay accountable to you and myself. Assuming everything else remains constant, the freedom fund is based on the number of months that I am able to sustain myself without income.

Freedom Check - October 2015

Income = 100%

Less:

Family = 5%
Personal = 0%

Rental = 16%

Food = 16%

Transport = 2%

Cell = 2%

Household = 1%

Travel = 26%

Misc. = 1%

Shopping = 12%

Contribution to Freedom Fund = 18%

Average Savings Rate (2015) = 31%

Value of freedom: 24.1 months

Commentary: Bump in income was from the new rat cage - not that significant but it's still in the right direction (upwards). Unfortunately, expenses for the month was sky high - mainly due to advance payments for our travel plans next month.

Not too happy with the 'gap' but it should get better over the next few months.